[Congressional Record Volume 157, Number 11 (Wednesday, January 26, 2011)]
[House]
[Page H473]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
HOPE VS. REALITY
(Mr. POE of Texas asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. POE of Texas. Mr. Speaker, the President's speech last night was
long on hope and short on reality.
The administration's answer to America's problems is more
investments, which is a fancy word for more spending and more
government control.
The administration plans to freeze domestic spending, but domestic
spending is already too high. Since last year the national debt has
gone up over $1.7 trillion.
Once again, the administration presents an incomplete solution to
America's economic problems: A spending freeze is not enough to fix the
deficits or the debt. We must go one step further and actually cut
massive out-of-control government spending to get us out of this
spending madness.
If we cut spending, then we need to also cut taxes. Putting money
back in the hands of the American people is the proven way to stimulate
the economy. We must cut both taxes and spending to reboot the American
economy. We need less spending, fewer taxes, and less government.
Congress needs to deal in reality, not hope.
And that's just the way it is.
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